The Military Production Ministry will begin reviewing offers from local companies looking to work on the Dabaa nuclear power plant in two months’ time, Minister Mohamed El Assar said yesterday. Petrojet, Hassan Allam, Arab Contractors, Elsewedy, ABB Egypt, and Orascom are among the 86 companies that have submitted offers, according to unnamed sources. Russia’s Rosatom will be consulted during the selection process. Sabbour Consulting was reportedly bidding for two design contracts related to work on project earlier this year. Rosatom had invited Egyptian engineering and consulting firms to begin presenting their offers to work last November.
More from Enterprise
Banque du Caire’s blockbuster IPO holds firm against EGX selloff
The IFC and the EBRD are in for USD 100…
Electricity Ministry studies changing how your electricity bill gets calculated
The plan is still under study, and neither of the…
Egypt’s funds crossed EGP 500 bn in 3Q on retail money and a stalling core
Money market funds stalled while retail piled into equity, index,…
DPI closes Egypt-born fintech fund Nclude at USD 112 mn
The final close adds roughly USD 7 mn to a…